Cryptocurrency Q&A Is USDT safest than USDC?

Is USDT safest than USDC?

InfinityVoyager InfinityVoyager Thu Nov 07 2024 | 6 answers 1129
The user wants to know whether USDT is safer than USDC. This inquiry is based on the comparison of the security features, regulatory compliance, and overall stability of the two stablecoins in the cryptocurrency market. Is USDT safest than USDC?

6 answers

benjamin_stokes_astronomer benjamin_stokes_astronomer Sat Nov 09 2024
This perception stems from the regular auditing of Circle's reserves.

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Andrea Andrea Sat Nov 09 2024
Circle, the issuer of USDC, subjects its reserves to monthly attestations.

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SejongWisdomKeeperElite SejongWisdomKeeperElite Sat Nov 09 2024
USDT enjoys widespread use in trading and payment transactions.

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Federico Federico Sat Nov 09 2024
These attestations are conducted by an independent auditor.

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henry_grayson_lawyer henry_grayson_lawyer Sat Nov 09 2024
On the other hand, Tether, the issuer of USDT, only undergoes quarterly attestations.

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